Labor cost by country: the latest data

* indicates monthly or quarterly data series
Select indicator
* indicates monthly or quarterly data series
The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.



Countries Latest value Reference Change three months Change twelve months
Albania 168.99 Q3 / 2024 3.40% 8.65%
Australia 155.30 Q1 / 2025 0.91% 3.40%
Austria 126.90 Q4 / 2024 0.63% 7.63%
Azerbaijan 329.70 Q4 / 2024 1.63% 8.06%
Belarus 397.10 Mar / 2025 -3.42% 20.39%
Belgium 120.60 Q4 / 2024 0.84% 2.55%
Bolivia 377.33 Q4 / 2023 0.42% -6.71%
Bosnia and Herzegovina 221.70 Dec / 2024 3.60% 10.63%
Bulgaria 166.30 Q4 / 2024 2.09% 13.05%
Canada 149.41 Q1 / 2025 0.34% 3.56%
Chile 113.47 Mar / 2025 1.62% 8.39%
China 204.02 Q4 / 2019 4.29% 3.20%
Croatia 148.30 Q4 / 2024 2.70% 12.01%
Cyprus 125.30 Q4 / 2024 1.46% 6.01%
Czechia 122.90 Q4 / 2024 2.16% 7.34%
Denmark 112.80 Q4 / 2024 0.18% 3.20%
Estonia 142.50 Q4 / 2024 2.37% 8.04%
Euro area 118.20 Q4 / 2024 0.77% 4.14%
Finland 113.40 Q4 / 2024 1.25% 1.89%
France 113.20 Q4 / 2024 0.62% 2.72%
Georgia 278.77 Q4 / 2024 7.82% 8.46%
Germany 118.70 Q4 / 2024 0.42% 3.40%
Greece 131.30 Q4 / 2024 4.54% 7.89%
Hong Kong 276.70 Q4 / 2024 0.47% 3.56%
Hungary 162.90 Q4 / 2024 2.45% 10.89%
Iceland 144.40 Q1 / 2022 3.81% 6.96%
Ireland 141.10 Q4 / 2024 0.71% 4.60%
Italy 108.40 Q4 / 2024 0.37% 4.23%
Japan 97.50 Mar / 2025 -1.91% -2.60%
Latvia 144.70 Q4 / 2024 2.33% 12.34%
Lithuania 161.20 Q4 / 2024 2.03% 9.07%
Luxembourg 118.10 Q4 / 2024 0.94% 0.85%
North Macedonia 309.55 Dec / 2024 4.81% 9.24%
Malta 122.10 Q4 / 2024 -0.33% 1.08%
Mexico 159.61 Mar / 2025 -21.50% 0.52%
Moldova 349.39 Q4 / 2024 6.43% 12.11%
Mongolia 168.32 Q4 / 2023 11.25% 27.72%
Montenegro 156.90 Dec / 2024 9.35% 18.37%
Netherlands 122.90 Q4 / 2024 1.32% 5.77%
New Zealand 1422.00 Q1 / 2025 0.49% 2.89%
Norway 110.10 Q1 / 2025 -4.34% 3.97%
Poland 156.00 Q4 / 2024 2.70% 10.56%
Portugal 124.40 Q4 / 2024 1.97% 8.84%
Romania 167.00 Q4 / 2024 1.71% 12.16%
Russia 180.67 Sep / 2024 -5.41% 18.90%
Rwanda 175.71 Q4 / 2024 2.26% 9.88%
Samoa 152.66 Q4 / 2024 16.96% 16.44%
Serbia 177.70 Q4 / 2024 3.13% 13.40%
Slovakia 138.90 Q4 / 2024 1.54% 6.93%
Slovenia 139.60 Q4 / 2024 4.41% 7.22%
South Africa 152.50 Q3 / 2024 1.19% 5.17%
South Korea 120.60 Q4 / 2024 -1.47% 2.73%
Spain 115.00 Q4 / 2024 0.35% 3.88%
Sweden 118.60 Q4 / 2024 1.02% 4.31%
Taiwan 110.41 Mar / 2025 1.20% 3.16%
Tajikistan 122.72 Mar / 2019 -6.22% 11.12%
Thailand 116.68 Q4 / 2024 1.14% 0.84%
Turkey 913.27 Q1 / 2025 23.07% 45.26%
USA 150.57 Q1 / 2025 1.55% 4.20%
Ukraine 4541.22 Jan / 2022 3.79% 18.16%
United Kingdom 231.11 Mar / 2025 1.28% 5.54%



The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.

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